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These days, finding an affordable place to live in the Toms River area can be challenging. Home prices in Toms River are now at a median cost of $435,025, lower than the New Jersey average of $496,577.
The average cost of rent is $2,011/mo in Toms River, primarily driven by the current value of real estate in the Toms River area. In Toms River, 17.57% of households rent, and 33.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toms River is $9,032 per month. Households that rent pay about 22.26% of their income on rent here. Toms River’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Island Heights, NJ: higher priced homes
- South Toms River, NJ: less expensive homes
- Pine Beach, NJ: equally priced homes
- Holiday City South, NJ: less expensive homes
- Beachwood, NJ: less expensive homes
- Pine Lake Park, NJ: equally priced homes
- Holiday City-Berkeley, NJ: less expensive homes
- Ocean Gate, NJ: less expensive homes
- Mantoloking, NJ: higher priced homes
- Bayville, NJ: equally priced homes
Cities with Similar Populations
- Anchorage, AK: less expensive homes
- Bayonne, NJ: equally priced homes
- Apple Valley, CA: equally priced homes
- Atascocita, TX: less expensive homes
- Ames, IA: less expensive homes
- Alpharetta, GA: higher priced homes
- Baltimore, MD: equally priced homes
- Apopka, FL: equally priced homes
- Acworth, GA: less expensive homes
- Albany, GA: less expensive homes
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